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Legal Barrier
Any law or regulation that limits or controls the entrance of a firm into an industry or the launch of a new product.
Licensing
A regulatory process that allows individuals and companies to operate legally in a professional field or to sell particular goods and services.
Patents
Legal rights granted to inventors to exclusively exploit their inventions for a certain period.
Brand Names
Brand names are distinctive names given to products or services by companies to identify and differentiate them from competitors.
Q6: The project manager establishes the parameters and
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